Question
Example #9 On May 15, the board of directors declared a cash dividend of $75,000. The date of record is June 1 and the payment
Example #9
On May 15, the board of directors declared a cash dividend of $75,000. The date of record is June 1 and the payment date is June 20.
Prepare the journal entries to record this cash dividend. Omit explanations.
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Introduction To Managerial Accounting
Authors: Jeannie Folk, Ray Garrison, Eric Noree
1st Edition
0072468440, 978-0072468441
